DAR ES SALAAM, Oct. 14 (Xinhua) -- The governments of Tanzania and Zambia have resolved to finance the re-capitalization of the ailing Tanzania-Zambia Railway Authority (TAZARA), a statement by TAZARA said on Monday.

Twin Palms is situated in capital city Lusaka’s bustling Salama Park. The mall currently hosts 40 commercial retail outlets, which include anchors Shoprite and Woolworths.

The high court in Johannesburg has granted Vedanta Resources an order blocking the liquidation of its Zambia-based Konkola Copper Mines (KCM) company, amid a growing dispute with the government in Lusaka.

The Zambian Government says Chinese enterprise Sinohydro Corporation is expected to complete the construction of the 750-megawatt Kafue Gorge Lower Hydro-power Station next year, a senior Government official has said.

President Edgar Lungu says his government will continue to devise necessary and conducive conditions for the private sector to flourish. President Lungu noted that supporting the private sector in the journey towards expansion, will in turn lead to the development of the entire country.

Zambia is set to receive US $500m from WESTERN Power company for the construction of the Ngonye Falls hydropower generation project in Western Province.

LUSAKA: Zambia has awarded three regional and international companies a total of 120 megawatts (MW) of solar power projects, a senior government official said on Friday.

The respected Africa Confidential has revealed that talks are underway for a Chinese company to takeover power utility ZESCO. And Africa Confidential has warned that Zambia risks losing its sovereignty to China as that country will seize national assets once government defaults on loans.

The Hilton hotel has opened the newly refurbished development Society Business Park on Cairo road in Lusaka, Zambia. The 20-floor mixed-use park, which also houses Hilton Garden Inn, was part of a public-private partnership agreement between Zambia National Building Society (ZNBS) and the National Pension Scheme Authority (NAPSA) in 2011.

BEIJING, Sept. 1 (Xinhua) -- Chinese President Xi Jinping on Saturday met with Zambian President Edgar Lungu ahead of the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC).